PETV · PetVivo Holdings, Inc.
$0.63
-0.02 (-3.06%)
At close · Jul 29
Going-concern doubt
— flagged Jun 29, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The independent auditor’s report accompanying our March 31, 2026, financial statements contain an explanatory paragraph expressing substantial doubt about our ability to continue as a going concern. The financial statements have been prepared “assuming that we will continue as a going concern,” which contemplates that we will realize our assets and satisfy our liabilities and commitments in the ordinary course of business. We have suffered recurring losses from operations, and our working capital is insufficient to fund our operations for the next 12 months. These factors raise substantial doubt about our ability to continue as a going concern.”View the 10-K filed Jun 29, 2026
Market Cap
$23.68M
Shares
37.59M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Robert Folkes | CFO | $712,272 |
| John Lai | CEO | $487,637 |
| Randall Meyer | COO | $245,414 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| John Lai | CEO | $709,743 |
| Robert Folkes | CFO | $487,938 |
| Randall Meyer | COO | $366,983 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Spencer Breithaupt | member of the Company's Board of Directors | Resigned | 2026-01-29 |
| Michael Eldred | member of the Company's Board of Directors | Resigned | 2026-01-14 |
| Josh Ruben | member of the Board | Appointed | 2025-10-30 |